Mr. Margolin is Managing Partner of Structured Finance Solutions, LLC. (SFS), based in Denver, Colorado. SFS was formed in April 1995 to provide institutional clients with specialized support in the areas of commercial real estate finance and commercial mortgage backed securities (CMBS). Representative projects included: financing for commercial properties; long term consulting and lending platform development for investment banking firms analysis, development and placement of CMBS. SFS also provides securities and real estate litigation support for institutional clients and law firms nationwide. Mr. Margolin is active in the Commercial Real Estate Finance Council (CREFC).
Mr. Margolin has over 25 years experience structuring, analyzing, sourcing, and negotiating highly complex transactions. A proven strategic thinker with a passion for devising creative ways to structure complex financial transactions. Mr. Margolin's experience spans ABS, Commercial Mortgage Backed Securities (CMBS), Mezzanine and the full range of the real estate “Capital Stack.” He has developed several approaches that have been adopted throughout the industry. He has proven his exceptional ability to quickly assess and quantify debt capital markets opportunities and risks. Directed analytical modeling, led acquisition teams, interfaced with banks and lenders, and managed investment of capital.
Mr. Margolin served as Senior Vice President-Capital Markets for Commercial Capital, Inc. He led mortgage capital formation efforts for this specialized small balance alternative real estate lender. Developed and structured institutional debt products to provide liquidity for lending operations. Initiated strategic initiates for aggressive loan portfolio management. Provided commercial real estate transaction expertise to assist President in portfolio management solutions. Served as a voting member of Commercial Real Estate Finance Council (CREFC).
In 2011 Mr. Margolin was elected to the Securities Experts Roundtable.
Mr. Margolin led the Capital Markets Group for Sonnenblick-Goldman Denver, a Real Estate Investment Banking firm. His deal management responsibilities include structuring of large hospitality loans, and capital markets placement of hospitality properties worldwide. He has extensive client contact with responsibilities for leading analysis of cash flows and collateral. He is also primarily responsible for the maintenance of client relationships, including both lenders and borrowers. His experience includes the structuring of major hotel transactions in excess of $3 billion. He simplified and restructured the marketing process for commercial real estate loans, resulting in a 70 percent faster time-to-market. His clients included Kimberly-Clark Corporation, Ford Motor Company, and Hilton Hotels. Prudential Mortgage Corporation has also named Mr. Margolin an Elite Producer two years in a row.
Mr. Margolin has served as a faculty member speaking on capital markets topics for Continuing Legal Education (CLE). He has also served as an expert witness on interest rate issues in federal bankruptcy court.
As Senior Vice President of Investments for Commercial Assets, Inc., Mr. Margolin was primarily responsible for acquisitions. Assets acquired totaled eleven Credit Support Classes of CMBS, with a total face value of approximately $100 million. He supported a portfolio consisting of $1.6 billion in multifamily mortgages. Mr. Margolin developed and refined risk analysis, due diligence processes, and ongoing property surveillance techniques. He also developed and maintained pricing and quality controls. He negotiated pricing, maintained close relations with providers of product on Wall Street. He was also responsible for training existing staff on the mechanics of CMBS.
Additionally, Mr. Margolin has been an investment banker involved with municipal bonds, real estate and other structured finance projects since 1984. He has held senior positions with Boettcher & Company, and Coughlin & Company. Mr. Margolin holds FINRA Series 24, 7, 63, 66, 79 and 99 licenses, which are General Securities Principal, General Securities, “Blue Sky”, Investment Advisor, Investment Banking and Operations licenses, respectively. He began his career in the securities operations area of United Bank of Denver. He participates, on a national basis, in the presentation of seminars on structured finance, in particular, the purchase of credit support classes of CMBS. Mr. Margolin received his BA from Colorado College.
Winthrop T. Smith
Senior Consultant Quantitative Analysis